BSS, Dhaka :
Dhaka shares were up over 1.0 percent on Tuesday when investors chose scrip-specific buying, but remained cautious about expansion of their portfolio that resulted in mixed transaction.
All the three price indices started rebounding from the beginning of the session, but lost the gaining steam at mid-day before easing up by over 1.0 percent to finish the session. Despite the last hours’ gains, the indices finished below the last week’s close.
DSEX, the broader price index of Dhaka Stock Exchange (DSE), closed last week upward at 4797.95, but lost in the past two trading sessions to hit over 4-month low at 4708.33 on Monday. It recovered to 4757.10 at Tuesday’s close with 48.74 points or 1.03 percent gains against nearly 100 points loss in the two previous sessions.
Similarly, the blue-chip DS30 and Shariah DSES regained to 1755.53 and 1124.17 respectively, though the indices stayed well below their last week’s close.
The noticeable positive turn on the market was the increase in trade value. The day’s transaction in value was up by over Taka 10 crore to Taka 215 crore from Monday’s Taka 204 crore. This increase drove the index to the positive zone. The trade volume, however, decreased marginally to 6.02 crore shares from the previous session’s 6.08 crore, reflecting a mixed trading pattern.
The trade volume fell as some investors were repositioning from mid-cap group to large-cap categories. Resultantly, the high-cap scrips like Grameen Phone, SA Port, IDLC and Saif Power became the major turnover leaders, with CNA Textile and GSP Finance getting the two top positions.
Dhaka shares were up over 1.0 percent on Tuesday when investors chose scrip-specific buying, but remained cautious about expansion of their portfolio that resulted in mixed transaction.
All the three price indices started rebounding from the beginning of the session, but lost the gaining steam at mid-day before easing up by over 1.0 percent to finish the session. Despite the last hours’ gains, the indices finished below the last week’s close.
DSEX, the broader price index of Dhaka Stock Exchange (DSE), closed last week upward at 4797.95, but lost in the past two trading sessions to hit over 4-month low at 4708.33 on Monday. It recovered to 4757.10 at Tuesday’s close with 48.74 points or 1.03 percent gains against nearly 100 points loss in the two previous sessions.
Similarly, the blue-chip DS30 and Shariah DSES regained to 1755.53 and 1124.17 respectively, though the indices stayed well below their last week’s close.
The noticeable positive turn on the market was the increase in trade value. The day’s transaction in value was up by over Taka 10 crore to Taka 215 crore from Monday’s Taka 204 crore. This increase drove the index to the positive zone. The trade volume, however, decreased marginally to 6.02 crore shares from the previous session’s 6.08 crore, reflecting a mixed trading pattern.
The trade volume fell as some investors were repositioning from mid-cap group to large-cap categories. Resultantly, the high-cap scrips like Grameen Phone, SA Port, IDLC and Saif Power became the major turnover leaders, with CNA Textile and GSP Finance getting the two top positions.
